In 2023, the number of enterprises in the food and beverage services sector in Germany was below 189.91 thousand. Over the forecast period from 2024 to 2028, an upward trend is anticipated, starting at 189.91 thousand in 2024 and growing steadily each year, reaching a projected 194.39 thousand in 2028. This growth represents a Compound Annual Growth Rate (CAGR) of approximately 0.7% over the five years.
Year-on-year, the number of enterprises is expected to increase marginally by around 0.6%, indicating consistent yet moderate growth in this sector. These increases highlight a stable expansion environment fostered by economic resilience and consumer demand.
Future trends to watch for in the German food and beverage services industry include:
- Increased adoption of digital ordering and delivery systems amongst enterprises aiming to capture a broader consumer base.
- Growing preference for sustainable and healthier food options influencing business operations and offerings.
- Potential regulatory changes or economic conditions impacting operational costs and market entry requirements.